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Comment Re:Untraceable (Score 1) 152

If tracking cash transactions were as easy as you make them out to be, every illegal laundering from drugs to arms would have been long shut down.

a unique serial number is not personally identifiable by itself. Cash is far more anonymous than bitcoin, yes people can theoretically track it, with bitcoin EVERY transaction is by definition recorded. With cash some transactions maybe recorded, retailers do not necessarily record the serial number of every bill of each transaction, while that is certainly possible it is still not common place. Even if all were tracked in the U.S. there are still plenty of holes in your graph, making it difficult to every get anywhere near full picture, primarily due to the nature of U.S. currency. Plenty of people in the world use $ as their medium of exchange, these people who feds have very little control over and can do little to track either.

Comment Re:Untraceable (Score 1) 152

This is BS, Crypto-currency has very little to do transaction privacy or central control.

if you are worried about privacy of transaction then use cash! .. does a $100 bill hold any "personally identifiable information" barring some trace DNA or fingerprints? central entity controlling has nothing to do with privacy of transactions. cash is controlled by a central entity, yet it is near anonymous. Not being governed by a central entity is a stupid reason for alternative currency.

If you want use anything that has no value on its own as money be it paper (cash), plastic, or Hashes as a store of value, then you will have to trust someone to enforce it. Otherwise you are going to have volatility, and people losing money in scams just look at the ones happening in bitcoin.

Comment Re:As a big comixology user, this *sucks* (Score 1) 244

1. They develop and maintain the marketplace
2. They process your transaction, run the payment gateway that interacts with dozens of banks in 100+ countries. they process transactions to the developers as well
3. Pay their transaction fees to banks and VISA/MC
4. Develop and maintain the SDK, and IDE etc that help the developers build the app in the first place
5. Keep your personal credit card info safe ( Then again, Perhaps not :( )
6. You may use your data plan but apple still has to host the files on their servers, considering the amount of free apps downloaded, the deployment costs are certainly non trivial
7. Most importantly ensure significant user base is there for the developer to sell to, through marketing strategies like cross subsidy( sell you cheap phone, and recoup in app purchases)
All this of course does not mean they have to charge 30% margin, but certainly the cost is not trivial.

Comment Re:Saves about $38 million in taxes (Score 4, Insightful) 86

Very rarely the number of people directly employed makes the difference, If Microsoft is spending $1 Billion in the state, it will probably source significant % of components locally( usually part of any tax break agreement), that will generate lot of business for the local economy, the vendors will in turn will be ordering components, magnifying the effect on the economy, the state tax on all these other transactions will perhaps offset the breaks given to Microsoft.

On the other hand, paying 84 people for 6 years will do very little for the economy by itself

Comment Re:No Good Solution. (Score 1) 188

Different people are motivated by different things: security,money, or street cred,or just for fun, the reporter is under no ethical,legal or moral obligation to disclose to anyone in any manner; he is not the manufacturer it is not his fault the bug is there or his responsibility he did not built software/service using the buggy software that people paid for.

Preferential disclosure done which ever way is bad. Chances of black-hats getting hold of it becomes higher, if *some* special people know of it before others; what guarantee is there some dissatisfied employee won't leak it. what makes google, or Red Hat more special than Average Joe running his applications on top of OpenSSL with potentially compromised keys ?

Responsible disclosure has to be fully public; it ensures the manufactures fix it faster; there are vendors who fix zero-days only if they get exposed public exposure. just look at the way oracle fixes java zero days.

Comment Re:To be fair... (Score 1) 653

Them not being aware is not that this product looked like fluke's, it is do with the fact it is trademarked.. if you check there are dozens of products of similar design, they merely made the common sense assumption that since similar products where already there, there was no trademark protection.
Of course you can argue that they should check and double check before etc and they are at fault.. They are not denying that they are at fault merely saying is too costly for a smaill business to to check fully without an "Army of consultants or attorneys"

Comment Re:Self thought (Score 1) 205

Another C2 user here.. sometimes i go on 5 day work trips without taking the charger with me....

All smartphones cheap or not, are like gas guzzling SUVs when it comes to battery life, most die at the end of the day, For me and am sure many other users the phone guaranteed to have juice at the end of the day is far more important than all other bells and whistles

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